Antioch Pizza Shop offers fast-casual dining with pizza, burgers, sandwiches, and desserts across dine-in, takeout/delivery, food truck/trailer, and multi-unit developer franchises. Known for casual dining options, it operates in the quick-service restaurant industry.
The total initial investment to begin operations varies depending on the type of franchise. For a Restaurant franchise, the total investment is between $226,900 and $729,325, which includes an initial franchise fee of $40,000. For an Express Restaurant or Food Truck/Trailer franchise, the total investment ranges from $108,500 to $352,900, including an initial franchise fee of $38,500 to $45,000. This isn't specified in the excerpts for a Multi-Unit Developer franchise's exact total investment amount.
The initial franchise fee varies depending on the type of franchise: - For Dine-In and Take-Out/Delivery Restaurant franchises, it is $40,000. - For Express Restaurant franchises, it is $35,000. [p.20]
The franchisee must pay a royalty fee of 5% of Gross Revenues, which includes all types of sales from the restaurant [p.68]. Additionally, mandatory minimum payments for royalties and marketing contributions must be made regardless of sales levels [p.5], with the specific uses of these fees determined by the company [p.16] and [p.71].
The term of the Development Agreement is not related to or affected by the terms of any franchise agreement [p.109]. Additionally, this Agreement does not contain or create any right to renewal [p.109].
You cannot transfer your franchise without the franchisor's written consent, which they may not unreasonably withhold. The franchisor also has a right of first refusal in such cases [p.82]. This isn't specified in the excerpts.
The franchisor can terminate the agreement if there is a failure by the franchisee to comply with lawful provisions of the franchise agreement and such failure is not cured within a reasonable period, which cannot exceed 30 days [p.6].
This isn't specified in the excerpts.
Yes, you receive a protected area, but it is not exclusive. The protected area is subject to the Franchisor's reservation of rights, which include conducting various distribution activities within and outside your protected area without needing to compensate you [p.63, p.37].
The franchisor provides initial training at their location or another designated site, which can vary in length based on the franchise type and prior experience [p.69]. Additionally, they send representatives for up to 3 weeks of on-site opening assistance around the time the restaurant opens [p.75], and ongoing support is expected through adherence to the Operations Manual and participation in required programs [p.74, p.75].
Based on the provided excerpts, there are 7 franchised Antioch Pizza Shops. Two of these outlets were sold in 2024 but their performance results were still included as there was no interruption in business operation [p.51]. This isn't specified in the excerpts regarding any closures or terminations of franchised outlets.
The franchisor may provide actual records of an existing outlet if you are purchasing one, but generally does not make representations about future financial performance. The franchisor can share personal information, including financial data, with its professional advisors, lenders, affiliates, and under agreements with third parties related to the franchise or system [p.91]. Financial performance information may be shared upon reasonable request [p.52].
You are generally restricted from operating a similar business during the term of the franchise. As for your sales, you must use only the franchisor's proprietary and approved ingredients, recipes, formulas, cooking techniques, and equipment as detailed in the Operations Manual. For supplies, you must purchase initial inventory such as food supplies and ingredients at least 5 days before opening from designated and approved suppliers [p.25]. Additionally, all other equipment and supplies used in your business must meet specific standards and be purchased from approved suppliers unless changes are tested by the franchisor first [p.25]. The franchisor may also establish specifications for products, inventory, and supplies that you must purchase from them or their approved suppliers [p.73].